New Life Childrens Home Inc

Analysis

New Life Childrens Home Inc is a registered charity in United States, based in Broken Arrow, OK. It received its IRS tax-exemption ruling in March 1992, 34 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, New Life Childrens Home Inc reported income of $82k and spending of $90k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $98k to $82k (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 97% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, New Life Childrens Home Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within OK. Charities of a similar size with the same main cause include Deki Inc ($82k), Abundant Hope International ($82k) and Ghana Health and Education Initiative ($82k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $89k against liabilities of $2,089, net assets of $86k.